Sports Advisers, also known as professional handicaps or touts, sell their expert hoping menus, creating an industry of $ 148.8 billion, according to data Business research insights. But more often than not, and despite such big money, the industry is tormented by a lack of transparency for customers.
AI Agent Billy Bets wants to switch a business model on the head by putting everything on the chain, allowing users to know exactly how much this agent’s advisor wins and loses-and Dive into your thought process. The project has already shown enough promises for some notable investors: Billy Bets I just closed a $ 1 million funding circle with Coinbase Ventures, a basketball player Serge Ibakand CMS Holdings.
(Discovering: Executive Director and President Decipher Dastan’s home company, Loxley Fernandes and Frokh Sarmad, have also participated in this round of financing.)
Billy currently has its own Social media profile,, Saltworks Token and a portfolio worth approximately $ 48,500, which is gambled through numerous crypto sports books and predictions markets.
Later this week, the Billy terminal was set up to enter the open beta, allowing users to follow the agent’s election more easily. And, hereinafter, Billy will be able to invest from user self -government wallet.
AI Agent uses a basket of fine artificial intelligence models. Executive Director Billy Bets and co -founder Joseph O’Rourke said Decipher This, among other models, is used by the OPENAI SDK for some parts of the installation of research and memory, a series of Claude models for your explanation and forbidden for your personality. This agent then implements a “adapted deep exploration” based on a frame -established team behind Billy, which changes over time.
Doing this, Billy had already had a few notable victories, such as the correct selection of the winning horse for Kentucky Derby. Agent has also arrived by the last eight UA March Madness College Basketball tournament and properly selected winner Golf Masters tournament.
The part of Billy’s edge on traditional advisers is that the agent can see any bet placed on an event through a blockchain network transparency, which rely on public books that anyone can watch and check for themselves.
“Billy can actually watch and synthesize any individual bet that enters these specific stock exchanges. Billy has a feed that literally observes that every role is entering,” O’Rourke said. “He can see all this information and analyze them in a way that you definitely cannot in the traditional sports book. It would be like the application of the draft of the drafts, isn’t it? Which is obviously not possible.”
This means that the agent can buy and sell the parts of the position (or the whole position) because the prospect of the outcome of the fluctuates, and the agent sees value elsewhere. This may, of course, not available with traditional sports books that usually only offer the user the ability to bring full salary.
But Billy does not win every bet. Although, at the time of writing, Billy has 82% of investments in his five golf bets, the agent also has a ROI of -6% on NBA games and -4% on MLB. Much of its capital is set there, so Billy’s entire portfolio has reduced about -3.71%.
By comparison, according to BoydbetsProfessional sports handicaps of the highest level are only at a ROI of 2.29%.
“Another reason for betting on the chain: there is complete transparency,” O’Rourke said Decipher. “Every bet we made, won or lost, good or worse, is in the chain. So you know what we do is lawful. If we win, there is proof. If we lose, there is proof. It does not exist in the entire sales industry-this is mostly a false game.”
“People treat records and sell you things that are not accurate or accompanied,” he said. “Our real target audience is anyone who has ever subscribed to a handicapper or bought guys.”
At the Billy Terminal, which enters the open beta version later this week, users can see the total BOT win rate or focus on certain sports.
Through the trading board, users can see all the agents of the election assessed by the condemnation assessment. Then I can talk to Billy about the choice, understand his explanation and will be able to put bets on several different sports books on the chain and predictions markets, including Polymalan cane,, Countless marketsand Overtime. The team also wants to add the “One Click Bet” feature. (Again, again: Myriad is the product of Dastan, Decipherhome company.)
On the project of the project, owners of Token Billy Solan, who is currently sitting in A $ 7.4 million market capThey will be able to get access to automated betting bot.
“You would finance your own self -service wallet, but Billy could perform your strategies on your behalf in these sports books on the chain,” O’Rourke explained.
O’Rourke believes that his project is dealing with problems that he has revealed throughout his decades of betting of betting. With sports advisers, their procedure is opaque, arduous, and even if things go on the plan, he claims, the traditional sports books will forbid you.
“I am literally limited in almost every sports book in New Jersey, because they forbid the winners. And again, this is a problem. This is what actually took me to the beginning,” he said Decipher. “Billy resolves this by allowing you to make a chain in these places without permits.”
Generally intelligent Bulletin
Weekly AI journey narrated by gene, generative AI model.